If basin resiliency is defined by the extreme ups and downs of a love-hate relationship, HCS Energy Consulting believes that the Haynesville Shale certainly fits the bill. Recently the EIA issued its Haynesville natural gas production forecast for February 2019 that surpassed the 10.0 BCF/day mark, a level last seen in July 2012. While the February estimate is still shy of the 10.6 BCF/day record set in November 2011, with the DUCs also ramping up, HCS Advisors thinks that record will fall this summer. The steep growth trajectory of the 4.0 BCF/day increase over the past 2 years has not been tempered by the 6.0 BCF/day ramp up in Permian gas production during the same time. With new LNG terminals coming online in 2019 and dry gas exports predicted to continue rising, the real question is “How Big Will The Haynesville Grow?”. We approach strategic planning as a comprehensive exercise that incorporates dynamics from the upstream, midstream, and service sectors of the energy industry. How can we help you plan for the future ?
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